More $ Spent = Reliable Provider?

Do more expensive hosting makes a provider Reliable and Trustworthy?

For me Price does not define everything. There are many expensive hosting that when we try it , it does not actually meet our expectations. There are also some cheap hosting which we thought that would make us regret but when we try it, it serves as better and more than we expected.

IMHO the hosting price should be not the most important factor when you choose a hosting company. It will be much better to look for supported technologies (Linux, Windows, PHP, ASP.NET), location, disk space, data transfer, support, etc...

Well pricing is always important, but it is very important for consumers to know what's behind the service. In web hosting business this is the quality of the network, the hardware component and networking equipment used by web hosts.